Sequoia Financial Advisors LLC Acquires Shares of 1,341 Universal Health Services, Inc. $UHS

Sequoia Financial Advisors LLC bought a new stake in shares of Universal Health Services, Inc. (NYSE:UHS) in the second quarter, HoldingsChannel reports. The institutional investor bought 1,341 shares of the health services provider’s stock, valued at approximately $243,000.

A number of other hedge funds also recently modified their holdings of the stock. AQR Capital Management LLC raised its stake in Universal Health Services by 57.8% in the first quarter. AQR Capital Management LLC now owns 931,355 shares of the health services provider’s stock valued at $173,381,000 after purchasing an additional 340,966 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Universal Health Services by 329.4% in the 1st quarter. Ameriprise Financial Inc. now owns 404,806 shares of the health services provider’s stock valued at $76,081,000 after buying an additional 310,531 shares during the period. Nuveen LLC acquired a new position in shares of Universal Health Services in the 1st quarter valued at approximately $25,555,000. Assenagon Asset Management S.A. raised its position in shares of Universal Health Services by 119.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 241,164 shares of the health services provider’s stock valued at $43,687,000 after buying an additional 131,305 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Universal Health Services by 113.5% during the 1st quarter. Canada Pension Plan Investment Board now owns 242,500 shares of the health services provider’s stock worth $45,566,000 after acquiring an additional 128,900 shares during the period. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Price Performance

Shares of UHS opened at $208.59 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.29 and a debt-to-equity ratio of 0.64. The stock has a market cap of $13.27 billion, a PE ratio of 10.98, a PEG ratio of 0.87 and a beta of 1.30. Universal Health Services, Inc. has a 12-month low of $152.33 and a 12-month high of $234.39. The business has a 50-day simple moving average of $193.64 and a two-hundred day simple moving average of $183.14.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share for the quarter, topping the consensus estimate of $4.85 by $0.50. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The company had revenue of $4.28 billion for the quarter, compared to analysts’ expectations of $4.24 billion. During the same period in the previous year, the business posted $4.31 earnings per share. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. Analysts anticipate that Universal Health Services, Inc. will post 15.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UHS. The Goldman Sachs Group started coverage on shares of Universal Health Services in a research note on Tuesday, October 14th. They issued a “neutral” rating and a $219.00 price objective on the stock. Barclays lowered their price target on Universal Health Services from $259.00 to $250.00 and set an “overweight” rating for the company in a report on Thursday, September 18th. Robert W. Baird reduced their price objective on Universal Health Services from $243.00 to $203.00 and set a “neutral” rating on the stock in a research note on Thursday, August 14th. Bank of America cut Universal Health Services from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $215.00 to $185.00 in a research report on Wednesday, July 16th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Universal Health Services in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $218.69.

Universal Health Services Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.